A 134 year old company. R12 billion destroyed. R10.4 billion in creditor claims. $72,000 left in the account.
On 12 February 2026, Tongaat Hulett's rescuers walked into the KwaZulu-Natal High Court and filed for liquidation.
But the real story is not the death. It's who inherits the corpse. ๐งต๐งต
Yazi uThandeka uzosiphathisa ngeStress just shut up, you are safe for 1 more week. Let's see now who will survive. I'm voting for Que to be saved he didn't have a good week last week. Let's give him another chance. #BBMzansiS6
@SihleLonzi@DBE_SA@HigherEduGovZA@PresidencyZA@ParliamentofRSA Give a white man 10 million he will create a legacy. It's a mental thing it's a societal issue. Shisa Nyamas are not the answer, Car washes are not the answer, bottle store's and supermarkets are not the solution. Create opportunities for kids to dream, 30 yr plans not Drip.....
@SihleLonzi@DBE_SA@HigherEduGovZA@PresidencyZA@ParliamentofRSA Here is my story back in the early 2000s I had just finished Matric, my first job was to work at Spur as a waiter. I made money sure as at the time we could make up to R 2000 profit from the tips, I used that cash to register myself at DUT and I studied the first yr via Tips,
@SihleLonzi@DBE_SA@HigherEduGovZA@PresidencyZA@ParliamentofRSA Leading by example. Or showing the way of how we can get out of this hole we are in. All they want is to expose who is stealing what where, but no example or creation of new opportunities. Give a politician 10 million and you will see the shoes, clothes, cars, none will create
@SihleLonzi@DBE_SA@HigherEduGovZA@PresidencyZA@ParliamentofRSA Now the new dream is to become a politician so that they can steal from the purse because that's what politicians teach and there is evidence. None of the politicians that exist are encouraging kids to dream, none of them are creating opportunities for dreamers, none are leading
@SihleLonzi@DBE_SA@HigherEduGovZA@PresidencyZA@ParliamentofRSA Wrong decisions, the kids in Midrand that you find in Clubs, there's this phenomenon now of being baddies and it is being advertised on TV as well. It's like nobody cares about the decay in our society. Some don't even bother to dream because society does not promote dreamers...
@SihleLonzi@DBE_SA@HigherEduGovZA@PresidencyZA@ParliamentofRSA Entrants the EFF is worried about SETAs all good and well, trust we need to focus on that too, but what about the kids that have not entered the job market yet, how about we help them get in. Do you know how many kids leave the Rural Areas to come to your CBDs and end up making.
@SihleLonzi@DBE_SA@HigherEduGovZA@PresidencyZA@ParliamentofRSA Why because of the EFF policy to allow foreigners in the country, that small opportunities that existed in the early 90s and 2000s are no longer there. The whole of Africa is here fighting for the same scraps. Instead of acknowledging this and assisting the half a million new...
@SihleLonzi@DBE_SA@HigherEduGovZA@PresidencyZA@ParliamentofRSA Second yr obviously I got TEFSA and I continued my studies while watering in the evenings and weekends, until I got my Diploma. Now I am employed. Yes the journey was not easy but I am now considered as part of the middle class. The kids of today will never have the same story...
Parliamentary Ad-Hoc Commitee resumes next week.
January programme:
*13โ14 Jan: Lt.Gen Phahlane, former acting national police commissionerโ Allegations linked to IPID, McBride & Paul OโSullivan.
*15โ16 Jan: Lt.Gen Khumalo โ Head of Crime Intelligence.
*20โ21 Jan: Robert McBride โ Allegations regarding IPID and others.
*22โ23 Jan: Paul OโSullivan.
*27โ28 Jan: Lt. Gen Mkhwanazi & EMPD Deputy Chief Julius Mkhwanazi.
*29โ30 Jan: Brown Mogotsi.
@SizweDhlomo Due to the teachings zasekhaya, I can't even date a girl with a tattoo even if it's sentimental. Yazi I felt bad for this 1 chick I dated, her mother passed on while we were dating and she went had a tattoo, I couldn't continue cause it kept coming up in the convos so I let go.